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DDA Approves ₹8,720 Crore Annual Budget for 2025-26
Hindustan Times Haryana
|April 26, 2025
The Delhi Development Authority (DDA), chaired by Lieutenant Governor V.K. Saxena, has approved its annual budget for 2025-26, pegging total expenditure at ₹8,720 crore and projecting a surplus of ₹840 crore.
NEW DELHI: The land-owning agency expects receipts of ₹9,560 crore, up from a surplus of ₹372 crore in 2024-25.
Nearly half the budget—₹4,140 crore—has been earmarked for capital expenditure. This includes the development of roads, parks, infrastructure upgrades, and air quality improvement through road repair and reconstruction.
Driven by a push to monetise unsold housing stock, DDA said it had recorded ₹3,176 crore in housing receipts in 2024-25—a 132% increase from ₹2,398 crore the previous year. For 2025-26, housing receipts are projected at ₹4,000 crore, a DDA spokesperson said.
The land-owning authority has also set an ambitious target of ₹1,000 crore in licence fee collections. "DDA will undertake a range of developmental projects focusing on housing, heritage conservation, and public spaces. Our aim is to make DDA financially sustainable through internal resources," Saxena said.
Diese Geschichte stammt aus der April 26, 2025-Ausgabe von Hindustan Times Haryana.
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